While Congress threatens to regulate how much foundations can spend on themselves, three organizations have amassed data that should make legislators think twice about adopting a cookie-cutter approach. The Urban Institute’s Center on Nonprofits & Philanthropy, the Foundation Center, and GuideStar examined the expenses and compensation practices of the 10,000 largest (by giving) independent, corporate, and community foundations in the United States. They not only discovered that…
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Read more stories by Alana Conner Snibbe.